US Momentive completes sale of composites and coating resins business

01 June 2011 15:32[Source: ICIS news]

HOUSTON (ICIS)--Momentive Specialty Chemicals has completed the sale of its North American composites and coating resins business to PCCR ?xml:namespace>USA, the US-based chemicals company said on Wednesday.

The composites and coatings business has annual sales of about $230m (€159m) and employs 225 workers at four production sites in the US.